Forex: EUR/JPY stalled just below 118.00
FXstreet.com (Barcelona) - The EURJPY spent the Asian session falling across the chart after being capped at 118.19 high. The cross lost the 118.00 handle and eased to test the 117.00 mark, picking orders at 117.01 low.
Japan's Econ Min Amari denied that he had said that the 100.00 price on the USDJPY was a "turning point", saying he was misinterpreted.
The pair came back up to find resistance at the upper level of 117. Mataf.net analysts point to resistances at 118.05, 118.45 and 118.90. Supports may be found at 117.60, 117.00 and 116.50.
Japan's Econ Min Amari denied that he had said that the 100.00 price on the USDJPY was a "turning point", saying he was misinterpreted.
The pair came back up to find resistance at the upper level of 117. Mataf.net analysts point to resistances at 118.05, 118.45 and 118.90. Supports may be found at 117.60, 117.00 and 116.50.
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